Indian markets end lower as IT weakness and crude oil concerns weigh on sentiment

The Indian stock market ended on a mixed-to-negative note on Wednesday, 28 October 2026, with the benchmark indices closing lower amid cautious investor sentiment. The BSE Sensex declined by 352.64 points, or 0.48%, to settle at 73,246.03, while the NSE Nifty 50 slipped 50.90 points, or 0.22%, to close at 22,698.85.

Weakness in information technology stocks and concerns over elevated crude oil prices weighed on the market. Investors also remained cautious ahead of the US Federal Reserve’s policy decision. However, gains in automobile, pharmaceutical and select banking stocks helped limit the overall decline.